TAP on NYSE

Molson Coors Brewing Company

Logo: Molson Coors Beverage Company, Public domain, via Wikimedia Commons6

Multinational beverage and brewing company

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company. The company is the fifth-largest brewer worldwide by beer output. Its operational headquarters are in Chicago for its Americas segment and Prague for its EMEA segment and its principal executive offices are in Golden, Colorado and Montréal, Québec.3 It employed 5,313 people.1 Its shares trade on NYSE under the symbol TAP.1 Wikipedia text CC BY-SA 4.0

$39.56 up 0.54 (1.37%)Price as of Oct 16, 2026 at 19:58 UTC

Last updated Oct 21, 2026.

Overview

$13.0BRevenue, fiscal 20257
-$2.1BNet income, fiscal 20257
2005Founded1

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  • TickerTAP on NYSE1
  • Industrybrewing industry1
  • HeadquartersMontreal1
  • Founded inMolson1
  • Websitewww.molsoncoors.com
  • Legal formDelaware corporation1
  • Listed onNew York Stock Exchange (TAP), Toronto Stock Exchange1
  • Incorporated inDE8
  • Business addressP.O. Box 4030, Bc555, Golden, Co 804018
  • Filer categoryLarge accelerated filer8
  • LEI54930073LBBH6ZCBE2254
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O INCORPORATING SERVICES, LTD., 19901 Dover, United States4
  • Registered withDivision of Corporations, Department of State, 36904194
Molson HQ
Photo: Eternalsleeper ., CC BY 3.0, via Wikimedia Commons12

Molson Coors Beverage Company is a Canadian-American multinational drink and brewing company. The company is the fifth-largest brewer worldwide by beer output. Its operational headquarters are in Chicago for its Americas segment and Prague for its EMEA segment and its principal executive offices are in Golden, Colorado and Montréal, Québec.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

32.8%Gross margin7
-17.9%Operating margin7
-16.4%Net margin7
-5.1%Revenue growth, 20257
-20.9%Return on equity7
0.38×Debt to equity7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Americas brought in 78% of the revenue Molson Coors Brewing Company broke down this way in fiscal 2025.

  1. Americas$8.7B778%down 6% from 2024
  2. Europe, Middle East, Africa, and Asia Pacific$2.5B722%up 2% from 2024
Business segments by year
Business segments202320242025
Americas$9.4B$9.2B$8.7B
Europe, Middle East, Africa, and Asia Pacific$2.3B$2.4B$2.5B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue53¢$6.9B
  • Selling, general and admin20¢$2.6B
  • Other costs24¢$3.2B
  • Income tax3¢$337.8M

Out of $13.0B in revenue.7 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid21¢$376.3M
  • Share buybacks36¢$647.9M
  • Kept or used elsewhere43¢$760.2M

Out of $1.8B of cash from operations.7

Financial statements

Revenue13141516177$13.0B in 2025−2% since 2018
0$5.0B$10.0B$15.0B2018: $13.3B$13.3B20182019: $13.0B$13.0B2019−2%2020: $11.7B$11.7B2020−10%2021: $12.4B$12.4B2021+6%2022: $12.8B$12.8B2022+3%2023: $13.9B$13.9B2023+8%2024: $13.7B$13.7B2024−1%2025: $13.0B$13.0B2025−5%
Gross profit13141516177$4.3B in 2025+2% since 2018
0$2.0B$4.0B$6.0B2018: $4.2B$4.2B20182019: $4.2B$4.2B2019+0%2020: $3.8B$3.8B2020−10%2021: $4.1B$4.1B2021+8%2022: $3.7B$3.7B2022−10%2023: $4.4B$4.4B2023+20%2024: $4.5B$4.5B2024+4%2025: $4.3B$4.3B2025−6%
Operating income13141516177-$2.3B in 2025
-$4.0B-$2.0B0$2.0B2018: $1.6B$1.6B20182019: $764.4M$764.4M2019−53%2020: -$408.9M-$408.9M20202021: $1.5B$1.5B20212022: $157.5M$157.5M2022−89%2023: $1.4B$1.4B2023+813%2024: $1.8B$1.8B2024+22%2025: -$2.3B-$2.3B2025
Net income13141516177-$2.1B in 2025
-$3.0B-$2.0B-$1.0B0$1.0B$2.0B2018: $1.1B$1.1B20182019: $241.7M$241.7M2019−78%2020: -$949.0M-$949.0M20202021: $1.0B$1.0B20212022: -$175.3M-$175.3M20222023: $948.9M$948.9M20232024: $1.1B$1.1B2024+18%2025: -$2.1B-$2.1B2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Sales$13.0B$13.7B$13.9B
Excise taxes-$1.9B-$2.1B-$2.2B
Net sales$11.1B$11.6B$11.7B
Cost of goods sold-$6.9B-$7.1B-$7.3B
Gross profit$4.3B$4.5B$4.4B
Marketing, general and administrative expenses-$2.6B-$2.7B-$2.8B
Goodwill impairment-$3.6B$0$0
Other operating income (expense), net-$335.3M-$65.4M-$162.7M
Equity income (loss)$13.4M$2.7M$12.0M
Operating income (loss)-$2.3B$1.8B$1.4B
Interest expense-$247.9M-$282.7M-$234.0M
Interest income$20.6M$35.4M$25.4M
Other pension and postretirement benefit (cost), net$14.4M-$5.0M$10.2M
Other non-operating income (expense), net$31.8M$2.1M$12.7M
Total non-operating income (expense), net-$181.1M-$250.2M-$185.7M
Income (loss) before income taxes-$2.5B$1.5B$1.3B
Income tax benefit (expense)$337.8M-$345.3M-$296.1M
Net income (loss)-$2.2B$1.2B$956.4M
Net (income) loss attributable to noncontrolling interests$40.6M-$35.3M-$7.5M
Net income (loss) attributable to Molson Coors Beverage Company-$2.1B$1.1B$948.9M
Basic (in dollars per share)-$10.75$5.38$4.39
Diluted (in dollars per share)-$10.75$5.35$4.37
Basic (in shares)199.1M shares208.8M shares216.0M shares
Dilutive effect of share-based awards (in shares)0 shares1.1M shares1.3M shares
Diluted (in shares)199.1M shares209.9M shares217.3M shares

Compare Molson Coors Brewing Company with another company

Corporate structure

Molson Coors Brewing Company sits at the top of its group. 45 entities, 11 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Molson Coors Brewing Company

  • BlackRock Filed SCHEDULE 13G/A on Molson Coors Brewing Company, latest Oct 5, 2026 (5 filings since Feb 1, 2022)
  • AQR CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Molson Coors Brewing Company, latest Aug 13, 2026
  • DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G on Molson Coors Brewing Company, latest Jul 14, 2026
  • VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Molson Coors Brewing Company, latest Apr 30, 2026
  • VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Molson Coors Brewing Company, latest Apr 29, 2026
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Molson Coors Brewing Company, latest Mar 27, 2026 (5 filings since Dec 9, 2021)
  • State Street Corporation Filed SCHEDULE 13G on Molson Coors Brewing Company, latest Feb 9, 2026 (2 filings since Nov 10, 2025)
  • &. Cox Dodge Filed SCHEDULE 13G/A on Molson Coors Brewing Company, latest Oct 6, 2025 (5 filings since Feb 14, 2022)
  • Molson Coors Brewing Company Golden, Colorado, United States
    • Coors Brewing Company Milwaukee, Wisconsin, United States
    • Apatinska Brewery Subsidiary · Apatin
    • Bass Brewery Subsidiary · Burton upon Trent
    • Borsod Brewery Subsidiary · Bőcs
    • Jelen pivo Subsidiary
    • Kamenitza Subsidiary · Plovdiv
    • MillerCoors Subsidiary · Chicago
    • Pivovary Staropramen Subsidiary · Prague, Czech Republic
      • Pardubický pivovar Subsidiary · Pardubice, Czechia
      • Zagrebačka pivovara Subsidiary · 100% · Zagreb, Croatia
    • The Beer Store Subsidiary · Mississauga
    • Worthington Brewery Subsidiary · Burton upon Trent
    • BERGENBIER S.A. Subsidiary · 100% · Voluntari, Romania
    • 3230600 Nova Scotia Company Subsidiary · Nova Scotia, Canada
    • CBC HOLDCO 2 LLC Subsidiary · Milwaukee, Wisconsin, United States
    • CBC HOLDCO 3, INC. Subsidiary · Milwaukee, Wisconsin, United States
    • CBC Holdco LLC Subsidiary · Colorado, United States
    • Coors Brewers Subsidiary · United Kingdom
    • Coors Brewing Company d/b/a Molson Coors International Subsidiary · Colorado, United States
    • Coors Distributing Company LLC Subsidiary · Delaware, United States
    • Coors International Holdco 2, ULC Subsidiary · Nova Scotia, Canada
    • Golden Acquisition Subsidiary · United Kingdom
    • MOLSON CANADA 2005 Subsidiary · Toronto, Ontario, Canada
    • Molson Coors (Barbados) SRL Subsidiary · Barbados
    • Molson Coors (UK) Holdings LLP Subsidiary · United Kingdom
    • MOLSON COORS BEVERAGE COMPANY USA LLC Subsidiary · Milwaukee, Wisconsin, United States
    • MOLSON COORS BREWING COMPANY (UK) LIMITED Subsidiary · Burton Upon Trent, United Kingdom
    • and 14 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Molson Coors Brewing Company reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Finance-lease assets$60.6M7 Dec 31, 2025$58.4M7 Dec 31, 2024+3.8%
Operating-lease assets (leased space)$194.0M7 Dec 31, 2025$189.0M7 Dec 31, 2024+2.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$896.5M7 Dec 31, 2025$969.3M7 Dec 31, 2024−7.5%
Stakes in other companies (equity method)$135.7M7 Dec 31, 2025$108.9M7 Dec 31, 2024+24.6%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$1.9B7 Dec 31, 2025$5.6B7 Dec 31, 2024−65.2%
Intangible assets, net (excluding goodwill)$12.0B7 Dec 31, 2025$12.2B7 Dec 31, 2024−1.7%
Accumulated amortization$2.1B7 Dec 31, 2025$1.9B7 Dec 31, 2024+13.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$715.9M7 Dec 31, 2025$727.8M7 Dec 31, 2024−1.6%
Raw materials$234.6M7 Dec 31, 2025$261.2M7 Dec 31, 2024−10.2%
Work in process$82.8M7 Dec 31, 2025$83.8M7 Dec 31, 2024−1.2%
Finished goods$267.0M7 Dec 31, 2025$245.8M7 Dec 31, 2024+8.6%
Supplies$131.5M7 Dec 31, 2025$137.0M7 Dec 31, 2024−4.0%

Properties, in its own words

Facility · Location · Character

Administrative Offices

The rest of Item 2

Bucharest, Romania(1) · Global business services center

Burton-on-Trent, U.K. · EMEA&APAC segment operational headquarters

Chicago, Illinois(1) · Americas segment operational headquarters

Golden, Colorado · Corporate principal executive office and Americas segment administrative office

Milwaukee, Wisconsin · Americas segment administrative office

Montréal, Québec(1) · Corporate principal executive office and Americas segment administrative office

Prague, Czech Republic · EMEA&APAC segment administrative office

Toronto, Ontario · Americas segment administrative office

Brewery/packaging plants · Albany, Georgia(2) · Brewing and packaging

Chilliwack, British Columbia · Brewing and packaging

Elkton, Virginia(2) · Brewing and packaging

Fort Worth, Texas(2) · Brewing and packaging

Golden, Colorado(2) · Brewing and packaging

Longueuil, Québec · Brewing and packaging

Milwaukee, Wisconsin · Brewing and packaging

Toronto, Ontario · Brewing and packaging

Trenton, Ohio(2) · Brewing and packaging

Beer distributorship · Denver, Colorado · Distribution

Container operations · Golden, Colorado(3) · Can and end manufacturing facilities

Wheat Ridge, Colorado(3) · Bottling manufacturing facility

Malting operations · Golden, Colorado · Malting

EMEA&APAC Segment

Brewery/packaging plants · Apatin, Serbia(4) · Brewing and packaging

Bőcs, Hungary · Brewing and packaging

Burton-on-Trent, U.K.(4) · Brewing and packaging

Haskovo, Bulgaria · Brewing and packaging

Niksic, Montenegro · Brewing and packaging

Ostrava, Czech Republic · Brewing and packaging

Ploiesti, Romania(4) · Brewing and packaging

Prague, Czech Republic(4) · Brewing and packaging

Tadcaster Brewery, Yorkshire, U.K. · Brewing and packaging

Zagreb, Croatia(4) · Brewing and packaging

(1)We lease office space for our Americas segment operational headquarters in Chicago, Illinois, our global business services center in Bucharest, Romania as well as our corporate principal executive office and Americas segment administrative office in Montréal, Québec.

(2)The Golden, Trenton, Elkton, Albany and Fort Worth breweries collectively accounted for approximately 79% of our Americas segment production for the year ended December 31, 2025.

(3)The Wheat Ridge and Golden, Colorado facilities are leased from us by RMBC and RMMC, respectively.

(4)The Burton-on-Trent, Prague, Ploiesti, Apatin and Zagreb breweries collectively accounted for approximately 75% of our EMEA&APAC segment production for the year ended December 31, 2025.

In addition to the properties listed above, we have smaller capacity facilities in each of our segments. We own and lease various warehouses, distribution centers and office spaces throughout the Americas segment and EMEA&APAC segment countries in which we operate.

We believe our facilities are well maintained and suitable for their respective operations. During the year ended December 31, 2025, our operating facilities were not capacity constrained.

Item 2 of the 10-K filed Feb 18, 2026.22

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

In July 2004, Molson Brewery and Coors Brewing Company announced a merger to form Molson Coors Brewing Company; it was completed in February 2005. Molson Brewery was started by John Molson in Montreal in 1786. Coors Brewing Company was started by Adolph Coors in Golden, Colorado, in 1873.

Molson Coors acquired Creemore Springs Brewery in April 2005. The operations of Molson Coors in Brazil were sold to FEMSA in 2006.

In June 2008, SABMiller and Molson Coors Brewing Company combined their U.S. brewing operations in a joint venture, MillerCoors. SABMiller had 58% stake in the company, and Molson Coors had a 42% stake.

In February 2011, the company purchased Sharp's Brewery of Cornwall in England for £20 million. In June 2012, the company expanded into the Central and Eastern European markets by acquiring StarBev from CVC Capital Partners.

In September 2015, Anheuser-Busch Inbev announced a merger with SABMiller. To gain regulatory approval, the U.S. Department of Justice required the company to sell its stake in MillerCoors, including Miller Brewing Company; the stake was acquired by Molson Coors in October 2016. The deal made Molson Coors the largest brewer in North America. In January 2018, the company acquired Aspall Cider.

In October 2019, the company announced it would change its name to Molson Coors Beverage Company as a part of a restructuring to take place in 2020. The name change would reflect the company's growing focus on beverages outside of the traditional beer and brewing offerings. The company also retired the MillerCoors corporate brand name and reorganized its global business units into Molson Coors North America, with administrative headquarters in Chicago, and Molson Coors Europe, with administrative headquarters in Prague.

On February 26, 2020, in the Milwaukee brewery shooting, six people, including the shooter, were killed at a shooting near the company's Milwaukee brewing campus, a site for some of the company's corporate offices and brewing facilities and previously the headquarters for the Miller Brewing Company before it was acquired by Molson Coors.

In September 2020, Molson Coors and D. G. Yuengling & Son announced a joint venture to brew and package Yuengling beers in select Molson Coors’ breweries under Yuengling brewers’ supervision, and distribute them into new markets.

Read the full text

Molson Coors began offering whiskey including Five Trail Blended American Whiskey in 2021 and Barmen 1873 Bourbon in 2022. In August 2023, Molson Coors acquired Blue Run, a whiskey company based in Georgetown, Kentucky. It then established a new division, Coors Spirits Co.

In November 2024, the company acquired a majority stake in Zoa energy drinks. In December 2024, the company acquired Cruz Blanca. In January 2025, the company acquired an 8.5% stake in Fever-Tree Drinks. In September 2025, Rahul Goyal was appointed CEO of the company. In late 2025, the company eliminated 400 salaried positions in the Americas, approximately 9% of its workforce in that division. In April 2026, the company acquired Atomic Brands, which makes Monaco Cocktails.

From Wikipedia’s article on Molson Coors, shared under CC BY-SA 4.0.9

Leadership

Who has led Molson Coors Brewing Company, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (67)

Products and brands

  • beer

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

Also owns

Also consolidated

Subsidiaries (Exhibit 21)

  • 3230600 Nova Scotia Company Nova Scotia10
  • CBC Holdco 2 LLC Colorado10
  • CBC Holdco 3, Inc. Colorado10
  • CBC Holdco LLC Colorado10
  • Coors Brewing Company d/b/a Molson Coors International Colorado10
  • Coors Distributing Company LLC Delaware10
  • Coors International Holdco 2, ULC Nova Scotia10
  • Golden Acquisition United Kingdom10
  • Molson Canada 2005 Ontario10
  • Molson Coors (Barbados) SRL Barbados10
  • Molson Coors (UK) Holdings LLP United Kingdom10
  • Molson Coors Beverage Company USA LLC Delaware10
  • Molson Coors Brewing Company (UK) Limited United Kingdom10
  • Molson Coors Callco ULC Nova Scotia10
  • Molson Coors Canada Holdco, ULC Nova Scotia10
  • Molson Coors Canada Inc. Canada10
  • Molson Coors Europe Holdings B.V. Netherlands10
  • Molson Coors Holdco Inc. Delaware10
  • Molson Coors Holdings Limited United Kingdom10
  • Molson Coors International General, ULC Nova Scotia10
  • Molson Coors International LP Delaware10
  • Molson Coors Netherlands B.V. Netherlands10
  • Molson Coors USA LLC Delaware10
  • Molson ULC British Columbia10
All 27 listed subsidiaries
  • Newco3, Inc. Colorado10
  • Pivovary Staropramen s.r.o. Czech Republic10
  • Zagrebačka pivovara d.o.o. Croatia10

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record. The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • MOLSON COORS BREWING COFeb 7, 2005 to Nov 26, 20198
  • COORS ADOLPH COMar 28, 1994 to Feb 8, 20058

Timeline

  1. Aug 6, 20268-K Results of operations113
  2. Jun 24, 20268-K Executive or director change114
  3. May 27, 20268-K Entered a material agreement; New debt or obligation115
  4. May 22, 20268-K Other events116
  5. May 8, 20268-K Shareholder vote117
  6. Apr 30, 20268-K Results of operations118
  7. Feb 18, 20268-K Results of operations; Regulation FD disclosure; Other events119
  8. Nov 20, 20258-K Executive or director change120
  9. Nov 4, 20258-K Results of operations121
  10. Oct 20, 20258-K Exit or restructuring costs; Regulation FD disclosure122
  11. Oct 6, 20258-K Executive or director change123
  12. Oct 3, 2025New chief executive Rahul Goyal becomes CEO24
  13. Sep 22, 20258-K Executive or director change; Regulation FD disclosure124
  14. Jan 10, 2025New chief executive Philip M. Whitehead becomes CEO23
  15. Jan 3, 2018New chief executive Sergey Yeskov becomes CEO25
  16. Oct 14, 2016New chief executive Gavin Hattersley becomes CEO27
  17. Oct 14, 2016New chief executive Frederic Landtmeters becomes CEO26
  18. Jan 5, 2015New chief executive Simon Cox becomes CEO28
  19. Mar 6, 2014New chief executive Stewart Glendinning becomes CEO30
  20. Mar 6, 2014New chief executive Krishnan Anand becomes CEO29
  21. May 17, 2010New chief executive David Perkins becomes CEO31
  22. Mar 5, 2008New chief executive Peter S. Swinburn becomes CEO32
  23. Nov 30, 2007New chief executive Mark Hunter becomes CEO33
  24. Mar 31, 2005New chief executive Paasschen Frits D. Van becomes CEO36
  25. Feb 18, 2005New chief executive Kevin Boyce becomes CEO35
  26. Feb 18, 2005New chief executive Fernando Tigre becomes CEO34
  27. 2005Founded Founded in Molson1
  28. Jul 31, 2003New chief executive W. Leo Kiely Iii. becomes CEO37

Calendar

Coming up

  1. Nov 5, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $1.67 a share, on Nov 4, 2025.125

When it reported results

  1. Aug 6, 2026Reported quarterly or annual results113
  2. Apr 30, 2026Reported quarterly or annual results118
  3. Feb 18, 2026Reported quarterly or annual results119
  4. Nov 4, 2025Reported quarterly or annual results121
  5. Aug 5, 2025Reported quarterly or annual results126
  6. May 8, 2025Reported quarterly or annual results127
  7. Feb 13, 2025Reported quarterly or annual results128
  8. Nov 7, 2024Reported quarterly or annual results129

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

385 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 46 major events, 262 insider forms, 21 large holders, 36 other. The latest 20:

  1. Oct 5, 2026SCHEDULE 13G/A EDGAR
  2. Oct 1, 20264 EDGAR
  3. Oct 1, 20264 EDGAR
  4. Aug 13, 2026SCHEDULE 13G EDGAR
  5. Aug 6, 202610-Q EDGAR
  6. Aug 6, 20268-K EDGAR
  7. Jul 14, 2026SCHEDULE 13G EDGAR
  8. Jul 10, 20263 EDGAR
  9. Jul 1, 20264 EDGAR
  10. Jul 1, 20264 EDGAR
  11. Jun 24, 20268-K EDGAR
  12. May 27, 20268-K EDGAR
  13. May 22, 20268-K EDGAR
  14. May 22, 2026424B5 EDGAR
  15. May 22, 20264 EDGAR
  16. May 21, 2026144 EDGAR
  17. May 21, 2026FWP EDGAR
  18. May 20, 2026424B5 EDGAR
  19. May 20, 20264 EDGAR
  20. May 20, 20264 EDGAR

The 385 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

15 open-market trades by officers, directors and large owners since October 2021: 10 buys and 5 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
May 21, 2026Molson Geoffrey E.DirectorSale1,245$42.50$52.9KForm 4
Mar 9, 2026Molson Andrew ThomasDirectorBuy2,000$46.67$93.3KForm 4
Feb 20, 2026Winnefeld James A JrDirectorBuy100$49.01$4.9KForm 4
Nov 26, 2025Cocks Christian PDirectorBuy45$47.19$2.1KForm 4
Nov 10, 2025Molson Andrew ThomasDirectorBuy7,500$46.79$350.9KForm 4
Nov 5, 2025Coors David S.DirectorBuy2,245$44.47$99.8KForm 4
May 21, 2025Molson Geoffrey E.DirectorSale1,333$56.29$75.0KForm 4
May 9, 2025Winnefeld James A JrDirectorBuy200$54.00$10.8KForm 4
Mar 13, 2025Whitehead Philip MPres CEO EMEA APACSale3,491$59.61$208.1KForm 4
Feb 12, 2024Joubert TraceyChief Financial OfficerSale2,771$60.37$167.3KForm 4
Nov 3, 2023Winnefeld James A JrDirectorBuy100$59.02$5.9KForm 4
Aug 3, 2023Winnefeld James A JrDirectorBuy100$67.08$6.7KForm 4
May 25, 2023Molson Geoffrey E.DirectorSale1,840$60.62$111.5KForm 4
Aug 3, 2022Winnefeld James A JrDirectorBuy200$53.45$10.7KForm 4
Nov 4, 2021Winnefeld James A JrDirectorBuy200$45.47$9.1KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Dodge & Cox19,065,434$742.8M0.4%+542,385
BlackRock, Inc.12,150,389$473.4M0.0%+452,448
Aqr Capital Management LLC11,108,304$432.8M0.2%+6,412,705
Vanguard Portfolio Management LLC10,619,176$413.7M0.0%+1,577,328
Vanguard Capital Management LLC10,365,239$403.8M0.0%−262,127
Dimensional Fund Advisors LP8,828,265$344.0M0.1%+465,108
State Street Corp8,373,108$326.2M0.0%−376,931
Invesco Ltd.6,316,964$246.1M0.0%+1,111,905
Geode Capital Management, LLC4,456,972$173.3M0.0%−134,975
Goldman Sachs Group Inc3,928,227$153.0M0.0%+1,404,268
Morgan Stanley3,484,732$135.8M0.0%+484,292
Bank of New York Mellon Corp3,383,215$131.8M0.0%+56,788
UBS Group AG3,029,427$118.0M0.0%+1,697,348
Norges Bank2,857,828$111.3M0.0%New
Royal London Asset Management Ltd2,780,900$108.3M0.2%+440,896
Deutsche Bank Ag\2,660,980$103.7M0.0%+121,123
Schroder Investment Management Group2,447,547$95.4M0.1%+95,288
Jpmorgan Chase & Co2,249,578$89.7M0.0%+1,592,182
Brandes Investment Partners, LP2,212,781$86.2M0.6%+573,569
Arrowstreet Capital, Limited Partnership2,003,517$78.1M0.0%+9,194
Fairfax Financial Holdings Ltd/ Can1,994,500$77.7M2.9%+556,000
Marshall Wace, Llp1,927,074$75.1M0.1%+1,139,770
Ameriprise Financial Inc1,897,375$73.9M0.0%+355,746
Charles Schwab Investment Management Inc1,839,066$71.7M0.0%−7,652
Man Group plc1,764,954$68.8M0.1%+417,121

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

18 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 27, 2026Alan ArmstrongRepublican, SenateBuy$1,001 - $15,000−31.8%Report
Mar 13, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseSale$1,001 - $15,000+27.0%Report
Nov 18, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−32.9%Report
Sep 25, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000+29.4%Report
Sep 23, 2025Julie JohnsonDemocratic, HouseBuy$1,001 - $15,000−27.8%Report
Sep 23, 2025Julie JohnsonDemocratic, HouseSale$1,001 - $15,000+27.8%Report
Sep 5, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseSale$1,001 - $15,000+41.8%Report
Aug 5, 2025Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−43.6%Report
Apr 10, 2023Daniel S. GoldmanDemocratic, HousePartial sale$1,001 - $15,000+115.0%Report
Mar 1, 2023Daniel S. GoldmanDemocratic, HouseBuy$1,001 - $15,000−121.9%Report
Nov 30, 2022Susie LeeDemocratic, HouseSale$1,001 - $15,000+118.5%Report
Jun 10, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000−117.9%Report
May 14, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000−118.2%Report
Apr 26, 2021Susie LeeDemocratic, HouseBuy$1,001 - $15,000−111.1%Report
Aug 10, 2020Dean Phillips, HouseBuy$1,001 - $15,000−127.0%Report
May 13, 2020Dean Phillips, HousePartial sale$1,001 - $15,000+166.3%Report
Apr 2, 2020Dean Phillips, HouseBuy$1,001 - $15,000−208.9%Report
Mar 24, 2020Earl Blumenauer, HouseSale$1,001 - $15,000+213.2%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Molson Coors Brewing Company is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARMOLSON COORS BEVERAGE CO2
  • CIK0000024545
  • Employer ID (EIN)84-017836022
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company22
  • Incorporated inDelaware22
  • Fiscal year endsDecember 312
  • Industry code (SIC)2082 Malt Beverages2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business addressP.O. Box 4030, Bc555, Golden, CO 804012
  • Phone303-279-65652
  • Shares outstanding2,563,034 Common Class A shares; 175,592,622 Common Class B shares as of Feb 11, 202622
  • Public float$8.0B as of Jun 30, 202522
  • AuditorPricewaterhouseCoopers LLP, Milwaukee, Wisconsin PCAOB ID 238; it also attests to the company’s internal control over financial reporting22
  • On EDGAR sinceMar 28, 19942
  • Filings2,724 in all: 4 (1,725), 8-K (296), 10-Q (98), 3 (92), SC 13G/A (65), 4/A (63), DEFA14A (47), 10-K (28)2
    All 55 form types

    DEF 14A (23), UPLOAD (23), SC 13D/A (21), 3/A (20), 5 (19), SC 13G (18), 8-K/A (17), CORRESP (17), S-8 (15), 11-K (12), 424B5 (10), S-8 POS (9), 10-Q/A (8), 144 (7), NO ACT (7), 424B3 (6), ARS (6), FWP (6), S-3ASR (6), SCHEDULE 13G (6), 10-K405 (5), 8-A12B (5), SC 13D (4), SCHEDULE 13G/A (4), S-4 (3), 10-K/A (2), 25-NSE (2), 424B4 (2), CERT (2), CERTNYS (2), DEF 14C (2), NT 11-K (2), PRE 14C (2), PRER14A (2), S-3 (2), S-3/A (2), 15-15D (1), DEFM14A (1), DEFS14A (1), EFFECT (1), NT 10-Q (1), POS AM (1), PRE 14A (1), PREM14A (1), PRES14A (1), S-3MEF (1), S-4/A (1)

  • Latest filingsAnnual report (10-K) Feb 18, 2026
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Mar 25, 2026
    Latest 8-K (8-K) Aug 6, 2026

Securities registered for trading

ClassSymbolExchange
Class A Common Stock, $0.01 par valueTAP.ANew York Stock Exchange
Class B Common Stock, $0.01 par valueTAPNew York Stock Exchange
3.800% Senior Notes due 2032TAP 32New York Stock Exchange

From the cover page of the 10-K filed Feb 18, 2026 (Section 12(b) of the Exchange Act).22

Risk factors and legal proceedings

The risks Molson Coors Brewing Company names in Item 1A of its 10-K filed Feb 18, 2026: 43 risks under these headings, as written.22

  • Risks Related to our Company and Operations
  • The global beer industry and the broader alcohol industry are constantly evolving and our position within these industries and the success of our products in our markets may fundamentally change. If we do not successfully transform along with the evolving industries, market dynamics and consumer preferences, our business and financial results could be materially adversely affected.
  • Our restructuring activities may not be successful and the estimated costs associated with such activities may be more than expected, and our restructuring activities may adversely impact employee hiring and retention.
  • Competition and other factors in our markets could require us to adjust prices or increase capital and other expenditures or cause us to lose sales volume, any of which could have a material adverse effect on our business and financial results.
  • Our success as an enterprise depends on our ability to successfully premiumize our portfolio on a timely basis and innovate beyond beer. Any inability to deliver new products could have a material adverse effect on our business and financial results.
  • Changes in the social acceptability, perceptions and the political view of the beverage categories in which we operate, including alcohol, could adversely affect our business.
  • Weak, or weakening of, economic, social or other conditions in the markets in which we do business, including cost inflation, tariffs and reductions in discretionary consumer spending, could adversely impact demand for our products or cause consumers to suffer financial hardship, which could have a material adverse effect on our business and financial results.
  • Our operations are dependent on the global supply chain and face significant exposure to changes in commodity and other input prices, impacts of supply chain constraints and disruptions and inflationary pressures, including tariffs, which could adversely impact our operating results.
  • The success of our business relies heavily on brand image, reputation, product quality and protection of intellectual property.
  • Issues and regulations related to climate change, sustainability, human rights and human capital, and stakeholder response thereto may have an adverse effect on our business, financial condition and results of operations and may damage our reputation.
  • Cybersecurity incidents impacting our information systems and violations of data privacy laws and regulations could disrupt our business operations and adversely impact our reputation and results of operations.
  • The integration and use of artificial intelligence and similar technology in our business presents challenges and risks that could adversely impact our business, reputation and results of operations.
The other 32 risks
  • Because of our reliance on third-party service providers and internal and outsourced systems for our information technology and certain other administrative functions, we could experience a disruption to our business.
  • Due to a high concentration of workers represented by unions or works councils, we could be significantly affected by labor strikes, work stoppages or other employee-related issues.
  • Our success depends largely on key personnel, and the loss of such personnel or failure to appropriately manage our CEO transition could harm our business and our ability to execute our strategy and labor shortages, employee turnover and wage increases could also significantly impact our operations.
  • Loss, operational disruptions or closure of a major brewery or other key facility, including those of our suppliers, due to unforeseen or catastrophic events or otherwise, could have a material adverse effect on our business and financial results.
  • Climate change and other weather events may negatively affect our business and financial results.
  • An inadequate supply or availability of quality water could have a material adverse effect on, among other things, our sales, production processes, other costs and, in turn, profitability.
  • Poor investment performance of pension plan holdings and other factors impacting pension plan costs and contributions could unfavorably affect our business, liquidity and our financial results.
  • Complications in the design or implementation of our expanded and optimized enterprise resource planning ("ERP") system could adversely affect our business and operations.
  • Risks Related to Our Indebtedness, Capital Structure and Financial Condition
  • Our debt level subjects us to financial and operating risks and the agreements governing such debt subject us to financial and operating covenants and restrictions.
  • A deterioration in our credit rating could increase our borrowing rates or have an adverse effect on our ability to obtain future financing or refinance current debt.
  • Default by, or failure of, one or more of our counterparty financial institutions could cause us to incur significant losses.
  • We may incur impairments of the carrying value of our goodwill and other intangible assets which could have a material adverse effect on our financial results.
  • The estimates and assumptions on which our financial projections are based may prove to be inaccurate, which may cause our actual results to materially differ from such projections, which may adversely affect our future profitability, cash flows and stock price.
  • Risks Related to Our Dependence on Third Parties
  • We rely on a small number of suppliers to obtain the input materials, in particular the packaging materials, we need to operate our business. The inability to obtain materials or disruptions at the facilities of our suppliers could unfavorably affect our ability to produce our products, which could have a material adverse effect on our business and financial results.
  • Termination or changes of one or more manufacturer, distribution or production agreements, or issues caused by our dependence on the parties to these agreements, could have a material adverse effect on our business and financial results.
  • Risks Related to Legal Matters, Governmental Regulations and our International Operations
  • Changes in environmental, trade or other regulations or failure to comply with existing licensing, trade and other regulations could cause volatility or have a material adverse effect on our business and financial results.
  • Changes in tax laws, regulations or tax rates could cause volatility or have a material adverse effect on our business and financial results.
  • Unfavorable outcomes of legal or regulatory matters may adversely affect our business and financial condition and damage our reputation.
  • Our operations in developing and emerging markets expose us to additional risks, which could harm our business and financial results.
  • Changes to the regulation of the distribution systems for our products could adversely affect our business and financial results.
  • Our consolidated financial statements are subject to fluctuations in foreign exchange rates, most significantly the Canadian dollar and the European operating currencies such as the British Pound, Czech Koruna, Euro and Romanian Leu.
  • Risks Related to Acquisitions and Joint Ventures
  • Risks associated with operating our joint ventures or other strategic partnerships may materially adversely affect our business and financial results.
  • Failure to successfully identify, complete or integrate attractive acquisitions, joint ventures and other strategic partnerships into our existing operations could have an adverse effect on our business and financial results.
  • Additional Risks Related to our Americas Segment
  • Our U.S. business is highly dependent on independent distributors to sell our products, with no assurance that these distributors will effectively sell our products and distributor consolidation in the U.S. could harm our business and financial results.
  • Government mandated changes to the retail distribution model resulting from new regulations may have a material adverse effect on our Canada business.
  • Indemnities provided to the purchaser of our previous interest in the Cervejarias Kaiser Brasil S.A. ("Kaiser") business in Brazil could result in future cash outflows and statement of operations charges.
  • Additional Risks Related to our EMEA&APAC Segment
  • Economic trends and intense competition in European markets could unfavorably affect our profitability.
  • Risks Related to Ownership of our Class B Common Stock
  • Shareholder activism efforts or unsolicited takeover proposals could cause a material disruption to our business and financial results.
  • The interests of the controlling stockholders may differ from those of other stockholders and could prevent our Company from making certain decisions or taking certain actions that would be in the best interest of the other stockholders.
  • If Pentland and the Coors Trust do not agree on a matter submitted to our stockholders or if a super-majority of the Board do not agree on certain actions, generally the matter will not be approved, even if beneficial to us or favored by other stockholders or a majority of the Board.

Legal proceedings

For information regarding litigation, other disputes and environmental and regulatory proceedings see Part II—Item 8 Financial Statements and Supplementary Data, Note 13, "Commitments and Contingencies."

The opening of Item 3, Legal Proceedings.22

Sources

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